representing a district that has an enormous amount of agriculture from san antonio, texas all the way to el paso texas is the idea that farmers and ranchers, food producers, their funds to guarantee they can stay in business raising their crops and raising their livestock were not secure the way they should have been secured. yet what we had, as chairman neugebauer said his state agencies the power of the world to go out and regulate mf global and refuse to do so simply because of the aura of a previous politician that came into this business and really did not show any kind of knowledge or ability to guide a company like mf global that was sick once i utility -- quantify utility and ensure that funds of the guarantees that they could stay another season or another planting season, but gave them a free pass and gave them more and more a rodeo for customers money. i'm glad that this report points out all of those defects because they need to start focusing on what is really wrong and be not afraid of what it is we discover in how our regulatory agencies function for the well-being of our eco